Why India requires flexible economic regulations in internet economy, informal sector, and MSMEs?

In terms of its size, population, diversity, natural resources, human capital, and global market, India’s economic development narrative is unlike any other. Several Indian economic laws, such as those governing taxation, banking, foreign exchange regulation, gold control, drugs, consumer protection, customs, and GST, are obviously and directly linked to economic regulation and resource raising. Continue reading Why India requires flexible economic regulations in internet economy, informal sector, and MSMEs?

Pandora Papers: The biggest ever financial data leak reveals secret wealth and dealings of influentials from across the world

Pandora paper leaks are significant in many ways, as the name suggests, it opens the pandora box of financial records of the super-rich and popular personalities from all across the world. It is the most voluminous record ever produced, that consists of around 12 million files(mostly from the 1990s to 2019) in 2.94 TB of data from 14 global corporate service firms with details of around 29,000 offshore companies and private trusts being set up in tax haven territories. Continue reading Pandora Papers: The biggest ever financial data leak reveals secret wealth and dealings of influentials from across the world

The RBI has started the third cohort of the Regulatory Sandbox

“Through business innovations, the MSME category has emerged as the growth engine of the Indian economy, contributing considerably to the country’s economic and social development by stimulating entrepreneurship and generating large job opportunities,” the RBI said in a statement. Continue reading The RBI has started the third cohort of the Regulatory Sandbox

The manufacturing outlook for Q2 expected to improve, but the cost of doing business remains a concern: FICCI Survey

The percentage of respondents reporting increased output in the second quarter of 2021-22 (July-September) was much above 50 per cent, at around 61 per cent. Continue reading The manufacturing outlook for Q2 expected to improve, but the cost of doing business remains a concern: FICCI Survey